The cost of fossil fuels has steadily risen over the years and has created a profound impact on our society. As much as the world needs fossil fuels in their industries and in basic aspects of their lives, emissions from these fuels have polluted the air and have created great climactic changes that have affected the globe. The use of crude oil and gasoline for the generation of electricity and for almost all modern means of transportation today have degenerated the quality of air that is basic to the survival of all species here on earth.
As an alternative to fossil fuels, clean energy technologies have been developed. This technology uses the natural power of the sun, wind, water and even plant materials to generate electricity, heat and fuel for transportation. The Massachusetts Technology Collaborative (MTC) was established in this regard to handle the state's development for clean renewable energy that would be beneficial to the environment and the society. Clean energy does not produce pollution and can provide a reliable source of fuel that would be better for the economy.
The MTC is an initiative of the Massachusetts Technology Park Corporation (MTPC) and administers the John Adams Innovation Institute and the Renewable Energy Trust of Massachusetts. The MTPC was created in 1982 as a public private partnership with the aim of collaborating activities from the state government, state universities and the industrial sector to spearhead the growth of the technology sector for Massachusetts. The MTC brings together the state's greatest minds and innovators from the government, academic and industrial sectors to develop new advances in technology that would provide economic growth for the state while protecting the environment.
With the development of clean energy that can harness the power of nature's renewable resources, the Massachusetts Technology Collaborative projects can help to reduce the state's reliance on coal, oil and other pollution-creating fuels. The clean energy market has attracted several investors marshalling more economic activities in this industry, providing more employment opportunities for people across Massachusetts.
The reliance of the state, and the whole world for that matter, on fossils fuels, coal and natural gas for electricity production has increased throughout the years. This massive use of these fuels makes it susceptible for shortages and unstable market prices. With the emergence of clean renewable energy, the sources of fuel have been diversified removing the pressure off the traditional sources of fuel. The technology of clean energy also makes it easy to install in close proximity to end users, reducing transmission costs and provides higher reliability.
In Massachusetts, the clean energy sector has started to make waves in the industry and is expected to continue growing by 25 to 35 percent annually. This would create a big impact to the economy.
The Renewable Energy Trust that is being administered by the Massachusetts Technology Collaborative is promoting the development of clean energy technologies and supporting the markets for these developments. This will maximize the environmental and economic benefits that clean renewable energy can provide to the state. The Trust works with communities, corporations and individuals to incorporate green designs in their businesses and homes to help an emerging business for clean energy in the state. A big success here would mean a cleaner and safer place for everyone to live in.
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Orignal From: Massachusetts Develops Clean Renewable Energy
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